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Tata to ‘gadgetize’ EVs in PV folio shift Tata Motors is revamping its passenger vehicle line-up, including EVs, to stay competitive in the Indian market.

Grasim to launch paints biz by early next yr The company plans to offer a full suite of high-quality products in the decorative paints segment and has committed an investment of ₹10,000 crore ($1.34 billion) to set up the business.

Johnson & Johnson drops 130-year old script logo Johnson & Johnson, the New Jersey–based health care giant, Thursday said it has replaced its 130 years well-known script logo with a modern look that reflects its sharpened focus on pharmaceuticals and medical devices

EbixCash’s IPO filing doesn’t disclose an adverse court order The firm, a unit of Nasdaq-listed Ebix Inc., received the markets regulator’s approval for a ₹6,000 crore IPO in April.

L’Oréal plans growth blitz to double India biz in 3-5 years French firm expects to grow at twice the rate of domestic beauty & personal care industry.

SAT doubts if Sebi will conclude probe into Goenka case on time SAT’s observation follows the confirmation order by Sebi chief prohibiting Punit Goenka from holding important managerial roles in ZEE group companies

Adani Group forms JV for green hydrogen marketing and sales The green hydrogen and its derivatives are to be manufactured in India under Adani New Industries Ltd

‘Birla Opus’: Aditya Birla Group's Grasim to launch its paints business in Q4FY24 Aditya Birla Group's Grasim Industries unveils the brand name 'Birla Opus' for its paints business, set to launch in Q4FY24.

Viacom18 partners Black White Orange for ‘action film ‘Fighter’s’ merchandise line The range, including apparel and accessories to collectibles and memorabilia, will also be available on the D2C brand www.a47.in

Jet Airways' Naresh Goyal sent to 14-day judicial custody in over ₹500 crore bank fraud case Jet Airways founder Naresh Goyal sent to 14-day judicial custody in ₹538 crore bank fraud case.

Pillsbury owner General Mills to invest ₹100 crore in Nashik facility With the addition of this new facility, General Mills India will double its manufacturing footprint, enabling the company to meet the increasing demand for its Pillsbury bakery solutions in India

Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India Kumar will guide Mastercard’s South Asia executive leadership team led by Gautam Aggarwal, Division President for South Asia & Country Corporate Officer, India

Abhishek Ganguly’s Agilitas Sports acquires footwear maker Mochiko Shoes Mochiko Shoes works with large international sports brands including didas, Puma, New Balance, Skechers, Reebok, Asics, Crocs, Decathlon, Clarks, US Polo

Infosys to release Q2 results, announce dividend on October 12; check details Infosys will hold its board of directors meeting on October 11 and 12. The tech giant will announce its Q2 FY24 financial result and divident on October 12

Reliance-owned Hamleys debuts in Italy In July 2019, Reliance Brands marked its first international foray by acquiring Hamleys’ global operations. RBL had been operating Hamleys’ India franchisee stores since 2010.

Cipla founding family’s stake sale in jeopardy over $13 billion valuation target The sale of a stake in Cipla Ltd. is in jeopardy as potential buyers have balked at the 1.09 trillion rupee ($13.1 billion) valuation members of the founding family are targeting for the Indian firm in a deal...

KaleidEO becomes first Indian firm to demonstrate edge computing in space Bengaluru-based startup KaleidEO Space Technology achieved another feat of successfully demonstrating edge computing in space

Artha launches syndicate fund for family offices, HNIs With an aim to close 8-10 deals annually, the fund’s debut deal is expected to be announced this quarter

Oil India to invest ₹8,000 crore in ethanol The state-run Maharatna will invest the money in the second-generation ethanol space

Indian Hotels signs operating lease for Germany hotel Indian Hotels Company (IHCL) signs Taj Hotel in Frankfurt, Germany, which will re-open in 2025 after refurbishment.